No sales reported during the quarter

Shri Matre Power & Infrastructure reported net loss of Rs 0.22 crore in the quarter ended December 2011 as against net profit of Rs 0.52 crore during the previous quarter ended December 2010. There were no sales reported in the quarter ended December 2011 as against Rs 0.01 crore during the previous quarter ended December 2010.

Markets are now reinforcing the perception of an early interest rate hike by US Federal Reserve, with consensus calling for the hike taking place in June, when compared with the prior expectations of a hike in September.

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